Wichita State coach Gregg Marshall cuts down the net and celebrates with fans after his team defeated Drake University and won the Missouri Valley Conference regular season title on Saturday afternoon at Charles Koch Arena. (Feb. 25, 2012) The Wichita Eagle

Wichita State coach Gregg Marshall cuts down the net and celebrates with fans after his team defeated Drake University and won the Missouri Valley Conference regular season title on Saturday afternoon at Charles Koch Arena. (Feb. 25, 2012) The Wichita Eagle

Wichita State, Gregg Marshall agree to contract changes

Wichita State men’s basketball coach Gregg Marshall is taking himself off the rumor circuit, saying he has agreed in principle to changes in his contract, the details of which are being finalized.

“Wichita State is a special place, with great resources, from facilities to academics to people,” Marshall said in a statement. “My family and I feel this is a great place for us.”

Marshall’s name, as in past seasons, was linked through speculation to many attractive job openings, including South Carolina and Illinois. He appeared to be a natural at South Carolina, where he lived and coached for many years. However, the South Carolina search appears focused on other coaches in recent days. Marshall, as well as several other coaches, reportedly turned down Nebraska, according to the Omaha World-Herald.

“I am pleased to say that Gregg Marshall will continue to be the head coach at Wichita State,” athletic director Eric Sexton said in the news release.

Marshall is 109-61 in five seasons at WSU. The Shockers won the Missouri Valley Conference title and earned an at-large spot in the NCAA Tournament this season.

Marshall makes a base salary of $900,000 a year, although incentives and a contribution to an annuity can raise his earnings to more than $1 million. He earned an $18,000 bonus for the conference title and the same amount for the NCAA Tournament berth.

WSU won the National Invitation Tournament in 2011, after which Marshall received a $100,000 raise and extension through 2018.